Chapter 6, Problem 9BTN

1.

To determine

Compute the percentage of cash in current assets, total assets, current liabilities, and shareholders’ equity of Incorporation S for the current year and prior year, and interpret the trends.

2.

To determine

Indicate the percentage change in beginning and ending cash balance of Incorporation S for the current year and prior year.

3.

To determine

Compute days’ sales uncollected of Incorporation S, for the current year and prior year.